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20110701
20110731
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dollars down the drain. thanks to npr we know about loads of unused spare change piling up as the nation stares down its debt. abc's jon karl explains. >> reporter: we took a journey to the u.s. mint in philadelphia for a lesson in how the government is losing money by making money. this is the presidential dollar coin. congress ordered the mint to make millions of them to honor every dead president but nobody seems to want them. they cost 32 cents a pop to make. the mint makes nearly 2 million of them every day. do the math. about 600,000 dollars a day to make them. because almost nobody uses these things, most go directly into storage. we found a bunch of them 100 miles down the road in a vault. here at the federal reserve in baltimore, the coins are packed into plastic bags stacked one on top of each other all the way up and down this aisle several aisles of them, millions and millions of dollars in presidential coins. federal reserve says they are piling up so quickly they are spending $650,000 to build a new vault in dallas to hold them. shipping the coins there will cost another $3
not think planned parenthood should be getting $400 million from the american government. i think npr can function ju fine on its own. that would be nearly $1 billion a year, $10 billion over a decade, if we just cut out those two programs. there many places we could cut that we're spending on programs that we do not need, wasteful programs. when the gao cn find $200 billion in cuts, that a significant. host:n your view, what is the proper role of government? guest: xiii, the government is ordained by god. punish those who do evil and reward those which is right. the government should be maintaining law and order and to be fostering a society in which exemplary behavior is rewarded and less than exemplary behavior is not. and there's a moral symmetry to the society. i think government and the country as wealthy as ours, we should be looking out for the welfare and health of the people within the ability of the government and the ability of the country to pay we cannot do everything. that is part of the problem. washington has been tried to do everything. they have been kicking the can dow
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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